There’s more smartphones in the UK than there are inhabitants so it shouldn’t come as a surprise that the overwhelming majority of us carry or interact with one or more electronic devices. A TechRadar survey shows that most of our readers (nearly 90%) use three or more electronic devices on any given day with four being the average. Electronic devices for the purpose of the survey included smartphones, tablets, wearables
By Edward Taylor and Eric Auchard FRANKFURT (Reuters) – German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.8 billion) to buy Nokia’s maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars. Germany’s three premium carmakers joined forces and will hold equal stakes in the business, known as HERE, clubbing together to keep the assets from
By Matthew Stock For people living in a house with more than one storey, stairlifts or home elevators are often a necessity of life as they get older and find it harder to get up and down the stairs. Normal stairlifts have the disadvantage of being a permanent and visible addition to a staircase, while traditional home elevators are bulky and often impractical for most homes. A company in England
BRUSSELS (Reuters) – European Union competition authorities will decide by Sept. 4 whether to allow Dutch chipmaker NXP to acquire U.S. rival Freescale in a $11.8 billion deal. NXP sought EU approval last week, according to a filing on the European Commission site on Monday. The EU antitrust regulator can clear the deal unconditionally or demand concessions to allay competition concerns. It can also extend its review to a full-scale
China will restrict the export of drones and supercomputers from Aug. 15 to help protect national security out of fears such equipment could fall into the hands of militant groups, state news agency Xinhua said on Monday. While its technology lags behind the United States and Israel, the biggest vendors of unmanned aerial vehicles (UAV), China is attracting a growing list of foreign buyers including Nigeria, Pakistan and Egypt. Beijing
Hackers blocked part of the German federal prosecutor’s office, a spokeswoman said on Monday, but she could not give any details about the scope of the attack or the possible perpetrators. The attacks were claimed by a group demanding Berlin end support for the Ukrainian government, shortly before their leaders were to meet.
The price of oil attracted the most attention on Monday morning with WTI and Brent closing in on their lowest price levels for the year.
Seasonal stock-market patterns are always worth watching. But this year’s path hasn’t stuck closely to the historical trends.
Former UBS Group AG and Citigroup Inc. trader Tom Hayes, the first person to stand trial for manipulating Libor, was sentenced to 14 years in prison after being found guilty of conspiracy to rig the benchmark rate. After a week of deliberations, jurors found that the 35-year-old conspired with traders and brokers to game the London interbank offered rate to benefit his own trading positions. Judge Jeremy Cooke sentenced Hayes
Citigroup Inc. is being investigated over its student-loan servicing practices in a probe that the bank said echoes an enforcement action against at least one other institution. Citigroup, which didn’t disclose which regulatory agency is involved, is cooperating with the probe, the New York-based firm said Monday in a filing. The investigation may result in penalties or having the bank offer restitution to customers, Citigroup said.
